The Registration System’s Requirements have changed. EMPEA Members and Qualified LPs register for free, please contact programs@empea.net for your exclusive discount code. Subsequent webcasts will have different codes.

The EMPEA Fundraising Masterclass on 27 October, presented with Debevoise & Plimpton and with special thanks to our London host European Bank for Reconstruction and Development (EBRD), offers an opportunity for fund managers with funds in the market, first-time fund managers and new hires to hear directly from LPs and industry experts on actionable fundraising advice and common pitfalls.

Growth markets investor Actis has acquired a stake in MédiS Group, a generic pharmaceuticals company active in Tunisia and Algeria. Actis purchased existing shares from Africa-focused private equity firm AfricInvest and the founding Boujbel family and plans to inject further capital into MédiS to finance its buy-and-build expansion strategy in Africa and the Middle East. Financial details of the transaction were not disclosed.

South Africa-based transport technology company WhereIsMyTransport has raised GBP1.2 million (approximately US$1.5 million) from philanthropic investor Omidyar Network, as well as existing shareholders Goodwell Investments and Horizon Ventures. The investment is the initial tranche of WhereIsMyTransport’s planned GBP2 million (approximately US$2.6 million) seed round. The company will use the new capital to launch its transit-focused open data platform, which will allow users to map journeys on formal and informal transport networks.

Global private equity firm CVC Capital Partners has agreed to acquire a 15 percent stake in Indonesia-based hospital operator Siloam International Hospitals for IDR2.2 trillion (approximately US$165 million). CVC will acquire the stake from Siloam’s majority shareholder Lippo Karawaci and Indonesia-based financial services company Ciptadana, as well as through a rights issue by Siloam. The transaction is pending shareholder and regulatory approval and is expected to be completed by December 2016.

Southeast Europe-focused investment firm Global Finance has fully exited Romania-based enterprise software company TotalSoft, selling its 90.5 percent stake in the company to Turkey-based software company Logo Yazilim Sanayi Ve Ticaret. The deal values TotalSoft at EUR30.25 million (approximately US$34 million). Global Finance originally acquired an 80 percent stake in the company in 2005 through its Global Romania and Bulgaria Growth Fund and its Black Sea Fund, before Global Finance’s South Eastern Europe Fund took ownership of the company, acquiring a 90.5 percent stake in 2009.

Fast food chain owner and operator Yum! Brands has agreed to sell a stake in its China-based subsidiary Yum China to Ant Financial Services, a subsidiary of Alibaba, and private equity firm Primavera Capital Group for US$460 million. Primavera will invest US$410 million and Ant Financial will invest US$50 million in Yum China, which is expected to complete its spin-out from Yum! Brands and begin trading as an independent company on the New York Stock Exchange on 1 November 2016. The Primavera and Ant Financial investment is subject to customary closing conditions and Chinese regulatory approvals.

Brazilian alternative investment firm Gávea Investimentos has acquired a 29 percent stake in Brazil-based health care provider Grupo São Francisco. The company, which provides medical and dental plans and operates its own clinics, hospitals, labs and ambulances, will use the additional capital to expand its vertical network and to enter new cities within Brazil. Financial details of the transaction were not disclosed.

Namibia-focused private equity firm Eos Capital has agreed to acquire a 35 percent stake in Namibia-based pharmaceuticals manufacturer Fabupharm. The company plans to expand its local manufacturing capacity and expertise and has gained approval to export its products regionally to Botswana, Mozambique, Lesotho and other countries. Financial details of the transaction, which is subject to regulatory approval by Namibia’s Competition Commission, were not disclosed.

UOB Venture Management, a subsidiary of Singapore-based United Overseas Bank, has agreed to invest US$25 million in Vietnam-based hydropower company Bitexco Power. Japanese financial services group ORIX will also invest US$25 million in the company as part of the deal. Bitexco owns and operates 18 hydropower plants in Vietnam, with a total power capacity of approximately one gigawatt. Separately, UOB has led a CNY200 million (approximately US$30 million) Series C round for China-based recruitment services company HunterOn. Venture capital firm IDG Capital Partners, an existing investor in the company, also participated in the round.

EMPEA Immersions, our LP Executive Briefings with Fund Manager Members, has facilitated over 350 LP:GP meetings worldwide. We are currently accepting LP and GP applications for our October (North America) trip and our December (Asia) trip. For Fund Managers, please note space is limited to a maximum of ten Fund Managers per trip and limited spaces remain for our October trip.

Presented with the Financial Times
InterContinental Park Lane
LondonLearn more »

Complimentary passes available for qualified institutional investors and special rates available for EMPEA Members. There are also discounted package rates with the Private Equity in Africa leadership summit.

Co-hosted by EMPEA, Financial Times and Debevoise & Plimpton
No. 4 Hamilton Place
LondonLearn more »

This exclusive networking event for EMPEA Members and invited guests is held during EM PE Week in London 25-27 October 2016. For more information or to register for EM PE Week in London, please click here.

Presented with the Financial Times
InterContinental Park Lane
LondonLearn more »

Complimentary passes available for qualified institutional investors and special rates available for EMPEA Members. There are also discounted package rates with the Sustainable Investing in Emerging Markets leadership summit.

About EMPEA

EMPEA is the global industry association for private capital in emerging markets. We are an independent non-profit organization with over 300 member firms, comprising institutional investors, fund managers and industry advisors, who together manage more than US$1 trillion of assets and have offices in more than 100 countries across the globe. Our members share EMPEA’s belief that private capital is a highly suited investment strategy in emerging markets, delivering attractive long-term investment returns and promoting the sustainable growth of companies and economies. We support our members through global authoritative intelligence, conferences, networking, education and advocacy. For more information, visit empea.org.